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Monday 15 January 2018

Scheme of education and training for chartered accountancy course

Scheme of education and training for  chartered accountancy course :

STRUCTURE AND OBJECTIVES :

Structure
The Institute of Chartered Accountants of India periodically reviews its scheme of education and training to remain
in tandem with developments in the field of education and other changes at the national and global levels.
Evolving business and changing environment also demands newer skills from the accounting professionals. ICAI,
being a member body of International Federation of Accountants (IFAC), has to comply with the International
Education Standards [IES 1 to IES 8] which have been revised recently. There has been a shift from “input-based”
to “outcome-based” approach in the Revised IESs. Accordingly, the ICAI’s present scheme of education has been
designed and implemented from July1, 2017.
Different levels of Chartered Accountancy Course
1. Entry Level.                                                                     Foundation Course
2. First Stage of Theoretical Education.                         Intermediate Course
3. Final Stage of Theoretical Education.                        Final Course

Objectives of the Scheme:
The emphasis of this scheme is on -

  •  Encouraging young talented students having aptitude for accounting education to make an early entry to the profession;
  • Encouraging graduates and others appropriately qualified students to pursue CA course through Direct Entry;
  • Complementing theoretical education by practical training;
  • Instilling technical skills through Information Technology Trainings under ICITSS & AICITSS;


  • Instilling inter-personal and soft skills through Orientation Course and Management and Communication 

    • Skills (MCS) courses under ICITSS & AICITSS;
    • Inculcating professional ethical values and attitudes among students;
    • Inculcating analytical ability among the students through case studies;
    • Globalizing chartered accountancy education through organization of education and training abroad.
    • Updated syllabus is benchmarked to Chartered Accountancy courses offered around the globe and is fully compliant to International Education Standards issued by the International Federation of Accountants.

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